#WMTV On Location

AI may be most valuable in portfolio analytics when it explains the analysis rather than produces the numbers behind it.

Learn more >> spr.ly/6014BHlvUs

Sponsored by Impact Communication

Schwab’s AI lead said RIAs would receive a $4,800 credit if they sign up for the enterprise version of Claude for Financial Advisors, initially eliminating a cost restriction for smaller firms. spr.ly/6011BHlvzL

The Federal Open Market Committee voted 10-2 to hold its benchmark federal funds rate in a range of 3.75% to 4%. spr.ly/6017BHlS5F

LPL is two weeks away from conversion, as it reports its strongest organic growth rate in more than a year and is considering new platform-fee pricing. spr.ly/6011BHlYLP

The public relations firm Gregory studied over 8,000 AI-generated answers and found that many of the RIAs included in some of the industry’s top rankings are rarely (if ever) mentioned. spr.ly/6014BHlXis

Billionaires are pledging billions to seed the federal investment program, but what’s in it for them? spr.ly/6018BHlnqu

Schwab will continue to focus on its custody services for registered investment advisors with under $100 million AUM, President and CEO Rick Wurster told an audience of advisors at Schwab Impact, the Westlake, Texas-based firm’s event for RIAs. spr.ly/6018BHlu0o

High-earning couples could be subject to a “marriage penalty.” spr.ly/6017BHluUz

Investment Roundup

Vestmark, Allspring, WisdomTree, Returned Stacked ETFs, Quoros Expand Model Portfolio Options +

Janus Henderson, Van Eck and Cantor Fitzgerald also announced innovative fund launches in recent days. spr.ly/6011BHlu1H

Open, honest and candid discussion about a new Capital Group TDF, the value of DC plans, how advisors are selecting record keepers, changes coming to 401(k) plans and more. spr.ly/6016BHY7ea

BetaNXT will add Pave's portfolio construction and optimization software to its wealth management suite, giving advisors more tools to personalize client accounts at scale. spr.ly/6017BHY7wH

A team of advisors in Newport Beach, Calif., has joined Citizens Financial Group, now operating as Webber Wealth Partners within Citizens Private Wealth. spr.ly/6019BHYAvB

Echelon's third quarter report found private equity-backed acquirers’ share of RIA transactions eased slightly, even as overall deal volume stayed near record highs for the year. spr.ly/6017BHctjv

The flurry of integrations comes a day after Anthropic filed for its highly anticipated IPO. spr.ly/6012BHcjZu

Jump broadens its Anthropic partnership, rolling out skills meant to transform advisor-client conversations into organized follow-up tasks, recaps and commitment tracking. spr.ly/6016BHcjXk

The Stribling-Whalen Financial Group is custodying client assets with Fidelity and works high-net-worth individuals, families and business owners in Georgia and other states. spr.ly/6012BHcjTy

RIA Edge Podcast 🎙️

Elevation Point’s Jim Dickson details how minority capital can support RIA growth while advisors retain meaningful ownership and decision-making control.

Listen to the full podcast >> spr.ly/6019BHcT5l

Allocations to outstanding investments are won through relationships, and terms are negotiated only when there is size and scale. spr.ly/6010BHcRWp

Year-to-date ETF launches have already surpassed the record set for full year 2025, reports ETF Db. JP Morgan Asset Management touts bonds as “generational” investment opportunity, but not everyone is convinced they are low risk. spr.ly/6019BHcM3U

The AI-native wealth platform says its new tool can manage up to 80% of daily tasks for financial professionals, drawing on insights gathered from thousands of advisors nationwide. spr.ly/6014BHi4Eu